Heather Smith is considering a bond investment in Locklear Airlines. The $1,000 parvalue bonds have a quoted annual interest rate of 11 percent and the interest is paidsemiannually. The yield to maturity on the bonds is 14 percent annual interest. There areseven years to maturity. Compute the price of the bonds based on semiannual analysis.

answer; (inseparability);

rational decision making is a multi-step process for making choices between alternatives. the process of rational decision making favors logic, objectivity, and analysis over subjectivity and insight. the word “rational” in this context does not mean sane or clear-headed as it does in the colloquial sense.

hope this

a. $48.75

is the answer to your question

answer; commerce clearing house;